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Debt ceiling talks teeter on the brink, as lawmakers leave town for weekend without a deal

45 Comments
By LISA MASCARO, STEPHEN GROVES and KEVIN FREKING

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45 Comments

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No deal needed.

6 ( +6 / -0 )

Every country is brought low first by disloyal elements within. Looks like the Republicans will be doing that to the US.

7 ( +10 / -3 )

The White House has continued to argue that deficits can be reduced by ending tax breaks for wealthier households and some corporations, but McCarthy said he told the president as early as their February meeting that raising revenue from tax hikes was off the table.

Republican tax cuts for the rich after Eisenhower, starting with Reagan, ended broad based prosperity for Americans.

https://www.epi.org/publication/ib364-corporate-tax-rates-and-economic-growth/

And that is the Republican contract on America.

7 ( +10 / -3 )

House Republicans are pushing debt ceiling talks to the brink, displaying risky political bravado as they prepare to leave town Thursday for the holiday weekend just days before the U.S. could face an unprecedented default that could hurl the global economy into chaos.

I think this gambit is going to backfire spectacularly.

I think Biden should use the 14th amendment. Even if ultimately, the GOP takes it to the Supreme Court and they win causing a default, good luck spinning this as anything other than trying to tank the economy.

5 ( +8 / -3 )

Hold the line.

-9 ( +2 / -11 )

This isn’t real as long as there is supposedly not money to pay our bills but still money to send to Ukraine.

-9 ( +4 / -13 )

What’s the hair going to do now?

He pouted and puffed but Biden wouldn’t give into his hostage taking. (Maybe he should have said “Don’t you know who I am?” like he did to Trump during the insurrection? Maybe that would have helped? )

He can’t get his own caucus to vote for a bipartisan agreement even if he wanted them to.

So, I guess send everybody home?

Reminds me of that episode of “The Office” where Micheal Scott has promised everyone a big surprise at the end of the day, but he’s got nothing and his corporate bosses won’t pay for his hair-brained proposals.

At the end, everyone just abandons him in disgust.

So that, but with American capitalism hanging in the balance.

4 ( +6 / -2 )

Hold the line.

Hope you aren't paid in US dollars.

8 ( +9 / -1 )

Hope you aren't paid in US dollars.

I am

-7 ( +2 / -9 )

This isn’t real as long as there is supposedly not money to pay our bills but still money to send to Ukraine.

Lol! Nope, we can pay our bills. It's just the GOP would rather use this as a gambit slash spending on things like healthcare for the poor and elderly. Because they're ghouls.

5 ( +7 / -2 )

The GOP raised the debt ceiling multiple times under Trump and other GOP presidents without protest.

That's all you really need to know.

5 ( +7 / -2 )

I am

Then you are about to be a very poor and jobless man. Really won't seem too smart trying to extort your country then, will it?

3 ( +5 / -2 )

The GOP raised the debt ceiling multiple times under Trump and other GOP presidents without protest.

That's all you really need to know.

You also need to know there’s a new House speaker in town and not the old capitalist speakers we had of the past. Phenomenal job Kevin is doing.

https://www.washingtonexaminer.com/news/house/debt-ceiling-fight-tests-jeffries-friendship-mccarthy

-2 ( +2 / -4 )

Lol! Nope, we can pay our bills

can we? Oh ok then the whole Democrat narrative is false that we cant?

-5 ( +2 / -7 )

Kevin McCarthy approval never been higher.

Donald Trump net favorability never been higher.

DeSantis had a DeSaster, undermined by Elon.

57-60% of Americans polled recently support the position of no debt ceiling increase without spending cuts.

Democrats were screaming at Republicans to stay the holiday weekend and pass a bill.

They already did pass a bill in the House, so the ball is in the Dem Senate and the White House.

-5 ( +2 / -7 )

You also need to know there’s a new House speaker in town and not the old capitalist speakers we had of the past.

Anti-capitalism ? Becoming a socialist?

Yes the Republicans stance on the budget is just about protecting tax breaks for their billionaire donors.

5 ( +7 / -2 )

You also need to know there’s a new House speaker in town 

Actually, he is not "in town". He ran away like the simpy coward he is.

1 ( +4 / -3 )

somebody better tell Janet Yellen we can pay our bills then, seriously. Seems she would know. if she is wrong, she needs to be told, and quickly cause she is causing a Democrat manufactured panic.

(CNN)

Treasury Secretary Janet Yellen reaffirmed June 1 as the “hard deadline” for the US to raise the debt ceiling or risk defaulting on its obligations.

“I indicated in my last letter to Congress that we expect to be unable to pay all of our bills in early June and possibly as soon as June 1. And I will continue to update Congress, but I certainly haven’t changed my assessment. So I think that that’s a hard deadline,” Yellen said during an interview on NBC’s “Meet the Press.”

-6 ( +2 / -8 )

What a bunch of jokers!

3 ( +4 / -1 )

Anti-capitalism ?

God, heck No!

Becoming a socialist?

He’s not a loser

Yes the Republicans stance on the budget is just about protecting tax breaks for their billionaire donors.

We need them, without them, society would collapse. Thank God for them.

-8 ( +1 / -9 )

The GOP raised the debt ceiling multiple times under Trump and other GOP presidents without protest.

That's all you really need to know.

The one thing they learned from the housing crisis is, there are limits to turning a blind eye, as the fear in the GOP was palpable and took Obama to solve a world wide economic disaster caused by Republicans.

This time, it won't happen, they're just playing what they think is chicken, but it's so Kevin to think he's being clever, when he's a paper see through cut out.

By Monday, there will be no default. Bank it.

2 ( +4 / -2 )

Kevin McCarthy approval never been higher.

The high before the fall....ROFL...

Donald Trump net favorability never been higher.

Just wait until the indictments start flowing....

DeSantis had a DeSaster, undermined by Elon.

Definitely a DeSaster - nothing but a phony RINO who has made Florida into one of the worst states in the US...according to one Floridian... Glad to see all of MAGA-world agree...

57-60% of Americans polled recently support the position of no debt ceiling increase without spending cuts.

Laughable...

Democrats were screaming at Republicans to stay the holiday weekend and pass a bill.

And Repubs said "forget it" we want to crash the economy...

They already did pass a bill in the House, so the ball is in the Dem Senate and the White House.

Hostage-taking - as you and Gaetz admitted to yesterday...

4 ( +6 / -2 )

can we? Oh ok then the whole Democrat narrative is false that we cant?

Huh? It's the GOP threatening not to pay the bills. Not the democrats.

4 ( +6 / -2 )

That was nice of rocket-scientist and kiddie-groomer Matt to say the quiet part out loud and on camera.

"We don't feel like negotiating with our hostage."

I am sure that will have no unintended consequences. None at all.

3 ( +4 / -1 )

Huh? It's the GOP threatening not to pay the bills. Not the democrats.

You said it’s not true we can’t pay our bills soon. Not whose “fault” you claim it is. The American people in polling say the Republicans are correct.

it actually is the democrats not paying. if the Dem Senate and the Dem Biden don’t take action.

The republicans passed a bill already to raise the debt ceiling, their part is done.

-6 ( +2 / -8 )

No answer for three days on this - maybe today?

Trump 2019: “That’s a very, very sacred thing in our country, debt ceiling. We can never play with it." “I can’t imagine anybody ever even thinking of using the debt ceiling as a negotiating wedge,” 

Trump 2023: “I say to the Republicans out there – congressmen, senators – if they don't give you massive cuts, you're going to have to do a default, and I don't believe they're going to do a default because I think the Democrats will absolutely cave, will absolutely cave because you don't want to have that happen.

So MAGA-faithful, which Trump is lying?

3 ( +5 / -2 )

Lots of this nutter is being fuel by White people,the same White people with the Jan 6 mentality,think they are the only one pay taxes,when they will be the one that do not get their government check if the government shutdown

1 ( +2 / -1 )

Highest level ever? Maybe in Moscow and Beijing....

no in the United States of America.

sorry for your loss.

-7 ( +0 / -7 )

just wait for 

been waiting since 2015, havent I?

Still nothing.

-6 ( +0 / -6 )

Nobody trust US debts any anymore. This country is bankrupted and look being rely on debts. By using political intimidating methods pressuring other countries to buy US debts. This is mafia industry!

-4 ( +0 / -4 )

You said it’s not true we can’t pay our bills soon. Not whose “fault” you claim it is. The American people in polling say the Republicans are correct.

lol No they don't.

it actually is the democrats not paying. if the Dem Senate and the Dem Biden don’t take action.

lol No it isn't. Why are rightists want the poor and elderly to suffer? You'll notice they've repeatedly raised the ceiling under Trump three times.

4 ( +4 / -0 )

wow look here- LOL

"CNN Poll: 60% say debt ceiling increase should come with spending cuts"

https://edition.cnn.com/2023/05/23/politics/cnn-poll-debt-ceiling-increase-spending-cuts/index.html

LOL

-4 ( +1 / -5 )

You just say lol and no and never provide any evidence of your claims.

What evidence have you provided?

hey there it is again.

Do you need it explained to you what happens when they cut medicaid and medicare?

How will the poor and elderly specifically suffer more than others when the Republicans already passed a bill to raise the debt ceiling?

Because it cuts funding to medicare and medicaid, duh.

0 ( +2 / -2 )

https://edition.cnn.com/2023/05/23/politics/cnn-poll-debt-ceiling-increase-spending-cuts/index.html

Where does it say most people want to cut medicare and medicaid? They don't. Cutting costs is generally popular until you get into specific. Medicaid and Medicare, programs that rightists want to cut, are broadly popular.

And, again, I want to know why you didn't have any problem with Republicans raising the debt ceiling 3 times? Very hypocritical.

2 ( +4 / -2 )

Medicaid and Medicare, programs that rightists want to cut, are broadly popular.

Complete BS. Not even close to the truth.

And, again, I want to know why you didn't have any problem with Republicans raising the debt ceiling 3 times? Very hypocritical.

Again, the GOP got the House for a reason and the Dems still don't get it why that is, just astounding.

-3 ( +2 / -5 )

Where does it say most people want to cut medicare and medicaid? They don't.

well good thing thats not what I said and not what the poll said.

The Republican position is popular and the Biden messaging has been ineffective and repetitive.

just like yours.

-4 ( +1 / -5 )

well good thing thats not what I said and not what the poll said.

lol Nice strawman.

The Republican position is popular

Of cutting entitlements? No it isn't.

There's a reason the house's approval rating is lower than Bidens!

3 ( +4 / -1 )

There's a reason the house's approval rating is lower than Bidens!

McCarthy's isnt.

-5 ( +1 / -6 )

and your straw man is false too.

"The House GOP bill doesn’t affect spending on Social Security and Medicare. Such spending, referred to as mandatory, accounts for about two-thirds of all federal spending."

https://www.pbs.org/newshour/politics/heres-whats-in-the-gop-bill-to-lift-the-u-s-debt-limit

-6 ( +0 / -6 )

Huh? It's the GOP threatening not to pay the bills. Not the democrats.

You said it’s not true we can’t pay our bills soon. Not whose “fault” you claim it is. The American people in polling say the Republicans are correct.

it actually is the democrats not paying. if the Dem Senate and the Dem Biden don’t take action.

The republicans passed a bill already to raise the debt ceiling, their part is done.

Wait a minute...your fellow MAGA-partner has clearly said here multiple times that "Repubs now control the purse"....

OK, if you have the "purse", then who is responsible for paying the bills?

wow look here- LOL

"CNN Poll: 60% say debt ceiling increase should come with spending cuts"

Wow, look here - a Mega-flip...

Someone who disparaged CNN's polls for years is now promoting that Lib bastion CNN....

Welcome to Team Blue...

2 ( +3 / -1 )

OK, if you have the "purse", then who is responsible for paying the bills?

Republicans, who did their part and passed a bill to lift the debt ceiling to do so.

Dems? done nothing in the Dem controlled Senate or the Dem controlled White House to proceed.

Someone who disparaged CNN's polls for years is now promoting that Lib bastion CNN....

No when *even* CNN admits you are losing in the messaging and Americans prefer the Republican position, you are definitely losing. Because if it was even close to 50/50 they would be lying.

poor Democrats.....its all your fault. Republicans passed the bill you said they could never pass.

now its super inconvenient and your President is packing up his beach wear for the long vacation again.

-4 ( +2 / -6 )

OK, if you have the "purse", then who is responsible for paying the bills?

Republicans, who did their part and passed a bill to lift the debt ceiling to do so.

Dems? done nothing in the Dem controlled Senate or the Dem controlled White House to proceed.

But Dems don't have the "purse" - so how can they pay anything?

Someone who disparaged CNN's polls for years is now promoting that Lib bastion CNN....

No when *even* CNN admits you are losing in the messaging and Americans prefer the Republican position, you are definitely losing. Because if it was even close to 50/50 they would be lying.

OK - you now like CNN. Nice flip...

poor Democrats.....its all your fault. Republicans passed the bill you said they could never pass.

Hmm....likes to brag they now have the purse - but keep the purse closed when America's bills are due...

Even when they opened the purse WITHOUT CONDITIONS THREE TIMES during Trump's years...then ran the debt up by $7.8 TRILLION....

Americans see what fools and hypocrites the Repubs are...

2 ( +4 / -2 )

But Dems don't have the "purse" - so how can they pay anything?

by the Dem Senate also passing the bill that the Republicans (who do pay for things) submitted to them.

then Biden signs it.

Simple.

-7 ( +1 / -8 )

But Dems don't have the "purse" - so how can they pay anything?

by the Dem Senate also passing the bill that the Republicans (who do pay for things) submitted to them.

As you admitted yesterday, that's hostage taking - "sign my bill or we'll default"...

And it still doesn't take away that fact that your team controls the purse....the only money is in the purse, so if the bills don't get paid, Americans know who to blame...

And once again no explanation for this...

*Even when they opened the purse WITHOUT CONDITIONS THREE TIMES during Trump's years...*then ran the debt up by $7.8 TRILLION....

3 ( +5 / -2 )

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